Housing (Miscellaneous Provisions) Act 2009
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Open market dwelling. |
81.— (1) A housing authority may, subject to the Housing Acts 1966 to 2009, and regulations made thereunder, provide financial assistance to an eligible household to purchase a dwelling (in this Part referred to as an “ open market dwelling ”) under an affordable dwelling purchase arrangement, subject to the dwelling being— | |
(a) available for purchase in the State, and | ||
(b) of a class of dwelling prescribed under section 95 (1) (a) for the purposes of this section. | ||
(2) The amount of financial assistance which may be provided to an eligible household under this section in respect of the purchase of an open market dwelling— | ||
(a) shall be the difference between the purchase money and the market value of the dwelling, and | ||
(b) shall not exceed such maximum amount as the Minister may prescribe under section 95 (1) (d). |